1 April 2025

Benchmark Holdings plc

("Benchmark" or "the Company")

Notice of exercise of call option and bond redemption

Benchmark has today notified Nordic Trustee AS that it will exercise the call option to redeem all outstanding bonds under its senior unsecured bond issue (with ISIN NO0012704099) (the "Bonds") and each bondholder is hereby given notice thereof. The Bonds were issued on 27 September 2022 with a maturity date of 27 September 2025.

The entire bond issue will be repaid at a price equal to 101.482 per cent. of the nominal amount for each redeemed bond, plus accrued and unpaid interest and with repayment scheduled for 15 April 2025. The estimated record date for the call option is 11 April 2025.

Reference is made to the notice from Nordic Trustee AS for further information about the call option which is available on Benchmark's website at https://www.benchmarkplc.com/investors/documents-circulars/ .